From Yahoo Finance: 2025-05-22 06:04:00

Analyst Matthew Boss from J.P. Morgan maintains a Buy rating on Lululemon Athletica Inc (LULU) with a price target of $389.00, citing strong fiscal Q4 2024 results.

Lululemon Athletica Inc (NASDAQ:LULU) reported a 13% growth in net revenue to $3.6 billion, with a 15% increase in gross profit to $2.2 billion in fiscal Q4 2024.

The company expects net revenue for 2025 to range between $11.150 billion and $11.300 billion, representing a growth of 5% to 7%.

While LULU shows promise as an investment, some AI stocks may offer greater returns. Consider exploring options for cheaper AI stocks with potential for significant growth.

Read more: Morgan Stanley Maintains Buy Rating on Lululemon Athletica (LULU)